Chidhood Development and Socioeconomic Status

African American’s have been on the bottom end of inequalities since their arrival United States, although advances have been made African American men still fare badly. For Hispanics high immigration numbers accounts for the inequality gap among them. The presence of women in the work place has add little to the issue and the decline of trade unions has negative implications for all workers. Advances in technology is part of the natural cycle of industry and while some jobs will initially fall victim to it new skills and training will provide for new careers. Thomas Piketty and Joseph Stiglitz shows that the overwhelming causes of the current cycle of economic inequalities to be income and capital inequality that exist because of politics and government policies that benefit the rich at a cost to the poor and

In Thomas Shapiro’s “The Hidden Cost of Being African American”, Shapiro goes in depth on how wealth in America is disproportionately dispersed between different nationalities. Mainly between Caucasians and African Americans. Shapiro has helped paint the image of wealth inequality and has shown how this is even more staggering than the wage gap between African Americans and Caucasians. Some of the theories he indirectly uses in his book and that I will be exemplifying are generational wealth and support systems, education, and the idea of how poverty only begets more poverty.

America has a lengthy history on how it became the powerful country it is today, and although its history can be interrupted in many ways (depending who you ask) one thing that is for certain is that wealth has yet to be distributed equally amongst minorities. According to the article “Income inequality matter; Extreme gap in wealth makes society unstable.” Philip Meyer claims that the wealth gap between whites and minorities has existed since Ronald Reagans’ term of presidency (A9). Although Ronald Reagans’ term ended many years ago the mistakes that caused this imbalance of wealth (and its aftermath) while he was in office remains almost if not exactly the same as when the problem initially began (Meyer A9). The wealth gap continues to target minorities and is affecting our communities at an alarming rate, however, many attempts have been made to reduce its existence but the factors of income inequality, unemployment rates and discrimination before and after our recent 2007 recession prevents our country from eliminating such a toxic problem.

Write a report that gives an overview of how the social, economic and cultural environment can impact on the outcomes and life chances of children and young people. A description of the social, economic and cultural factors .

Among non-Southern Hispanics, 47% reported working as a paid employee, while only 40% of Southern Hispanics reported working as a paid employee. Rates of employment for Southern African Americans was 47% and just 40% of non-Southern African Americans report working as a paid employee” (University of Arkansas, 2010). Life opportunities and job competition also showed large disparities between the groups and the highest rates were shown to relate to African Americans among all the groups which shows that discrimination and stereotypes still exist between all the groups and that America is not a post-racial

Despite beliefs to the contrary, the increasing disparity in real wealth between white and black Americans during the past half century shows that the economic system is unjust. Considering factors such as less intergenerational inheritance, higher unemployment and lower incomes serve as key components in economic disparity. Disparity can be viewed as a systematic design to keep a specific group of people continually oppressed through a mixture of inequality, injustice and power. When there is an inequality that is also an injustice (Wright, 2009).

The reality is that historic, legal efforts long restricted the economic lives of minorities. Restricted the kind of work they could do. Restricted their membership in unions. Restricted their access to education and training. Restricted their opportunity in the private sector world of product sales and client services. Restrictions which most white Americans, if they are even aware of them, do not seem to understand the extent of, the persistence of, or the long-standing consequences of -- at all. And, of course, the economic

According to Bill Clinton’s Council of Economic Advisors, whites are more likely to earn a better childhood education, have more access to technology, attend college, attain a stable job, and have benefits of healthcare. Jensen emphasizes the difficulties for black citizens to locate employment because of the employer’s prejudice against them. Many statistics provided by the author exhibit this disadvantage, “the typical black family had 60% as much income as a white family in 1968, but only 58% as much in 2002” (Jensen5). Additionally, it’s

When Black people complain about the lack of job opportunities, it is no longer acceptable to say that they are “playing the race card”. For example, according to the Kairo Center’s “Poverty Fact Sheet” published online in February of 2015, “Since the 1960s the black unemployment rate has been about 2 to 2.5 times the white unemployment rate. In 2012, the black unemployment rate was 14.0 percent, 2.1 times the white unemployment rate (6.6 percent)”. Certainly it is not because Black people do not want to work and assert themselves, instead a large portion of unemployment for Blacks is due to employment discrimination as the following evidence supports. According to Shin, over the past 25 years, the labor market takes the blame for 20 percent of the increase in wealth inequality and 9 percent of the rise in unemployment where race is concerned. Based on her analysis, she claimed that those outcomes result from “employment discrimination, geographic barriers to jobs, and differing levels of social capital”. Shin’s examination included data from a research study called The Racial Wealth Gap: Why Policy Matter, performed by Demos which is a public policy organization that promotes democracy and equality. Additionally, her report involved findings from the Institute on Assets and Social Policy as well as U.S Census Bureau Survey of Income and Program Participation. Generally, Shin explained, that Black families make $32,038,

Therefore, I’m going to justify this information I have acquainted you with.First thing, you need to know is that I’m not against anyone I’m neither racist or bias.I was born in a city of diversity which is called New York City. However, the things I’m about to tell you may be uncomfortable or maybe even interesting.Digging deep into America’s seventeen trillion dollar economy and you’ll find fractures beneath the surface.The spoils are split unevenly between men and women, old and young. But, one of the most massive disparities is only skin deep.Everything you own houses, stocks, and cars are your wealth. According to “Blacks still far behind whites in wealth and income” by Tanzina Vega, In 2011 the wealth of the median white household was over $110,000. African American on average was 17 times less just over $6,314.” Housing has a lot to do with this massive separation.For the average American, their home is the most valuable

The unemployment rate in the African American community is higher than any other group in American society. Institutionalized racism and unequal education opportunities have contributed to the unemployment rate. There are various reasons why the unemployment rate is greater in the African American communities. Consequently, Blacks are attaining higher education at a rate lower than other groups in society, and lack opportunities in the workforce. These are just two of the elements that cause the wealth gap between Blacks and Whites in America’s financial system. African men and women were brought to America for slavery. Once the slaves were freed, they had to find work and enter into the American workforce with little or no education. Therefore, countless Blacks were forced to take lower level jobs in American society. As a result, racism and inequality became institutionalized injustices that widen the wealth gap. Scores of Blacks were denied the opportunity to purchase properties and to attain assets and wealth. The majority of Whites do not know Black people’s reality and financial obstacles because White people do not face housing discrimination or scrutiny in the workplace. White people have benefited from the inequality that minorities face in the United States financial system. According to Hilary Shelton Deputy Director, Washington Bureau, National Association for the Advancement of Colored People “because of affirmative action, fairness is

Family environment and background has a huge effect on a child’s development. If a child lives within a happy, healthy and stimulating environment where good relationships are formed then it is unlikely that there will be any developmental issues and children will go on to thrive. A lot depends on how many are in the family, the housing and area in which they live, what facilities there are locally, whether parents work or are workless.

Minorities have a higher rate of unemployment than whites in America. Black unemployment in America rose “from 15.3 to 15.5 percent“ in March 2011, while only “7.9 percent of white workers were jobless” (Ross). The factors causing this lack of employment among minorities are explained as having to deal with education, age, ethnic-sounding names on job applications,

Socioeconomic status (SES) is one of the most widely studied constructs in the social sciences. Several ways of measuring SES have been proposed, but most include some quantification of family income, parental education, and occupational status. Research shows that SES is associated with a wide variety of health, cognitive, and socioemotional outcomes in children, with effects beginning prior to birth and continuing into adulthood. A variety of mechanisms linking SES to child well-being have been proposed, with most involving differences in access to material and social resources. For children, SES impacts well-being at multiple levels.

Abraham Lincoln said “... all men are created equal” in the Gettysburg Address and many of us take this to true yet here in the 21 century we still allow this. Ethnicity largely influences the quality of the job you get as well as the income you will receive in the workforce. Currently African American men working full time, year round get paid an average of 75.3 percent comparable to caucasian men, according to the U.S. Current Population Survey and the National Committee on Pay Equity.The unemployment rate for African Americans is typically at about twice that of Caucasians whom also have many substantial advantages at work. They are offered a substantially larger variety of job opportunities and positions that earn more money and have more power. This form of inequality exists in both gender and race. Though the pay gap has been reduced drastically within the last few years, it still remains a very common form of inequality